PredictiveMetrics (PMI) is to integrate its Net30Score product into SunGard’s AvantGard receivables solution. AvantGard Receivables is designed to help credit and collections professionals to improve liquidity management by delivering solutions for operational control and visibility of treasury, receivables and payments operations. PredictiveMetrics’ Net30Score predicts the likelihood that a customer will become delinquent, go to write-off, or file for bankruptcy within six months of the date the customer was scored. Once integrated, the new solution should help customers to utilize statistical-based credit scoring as the basis for the development of risk-based collection strategies. Net30Score uses a company’s internal accounts receivable data, data that is free and has been proven to be the most predictive, to produce portfolio collection scores that are validated to quantify an existing customer’s inherent risk.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more